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STEP: 2 of 2 Suppose that an MNC attempts to alleviate agency problems by granting managers of MNC subsidiaries shares of stock in the MNC
STEP: 2 of 2 Suppose that an MNC attempts to alleviate agency problems by granting managers of MNC subsidiaries shares of stock in the MNC This is an example of control of agency problems. Under a centralized management style, the MNC parent managers usually make more informed local business decisions than the managers of their foreign subsidiaries. True False
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